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Record levels of food and drink exports in 2017, says FDF

The UK exported a record volume of food and drink products in the first three months of 2017, a study has revealed.Continue reading

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UK SMEs “reaping the benefits” of rewarding staff, study finds

New research suggests that 94 per cent of small and medium-sized enterprises (SMEs) regularly gift rewards to their employees, while 34 per cent believe that they enjoy enhanced employee retention rates as a direct result of this.Continue reading

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ONS revises growth figure as UK economy fails to meet expectations

The Office for National Statistics’ (ONS) first quarter figures showed that GDP rose by just 0.2 per cent – 0.1 per cent less than predicted.Continue reading

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Almost half of entrepreneurs say clear business strategy is crucial to success

Almost half (47 per cent) of business leaders and budding entrepreneurs believe that having a clearly-defined business strategy in place is crucial to developing and maintaining a successful business.Continue reading

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Business managers favour trade deals and freedom of movement, says CBI study

Almost three-quarters of business managers think a Brexit deal that secures access to the single market would be the best outcome of the upcoming negotiations, a study has revealed.Continue reading

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SMEs losing customers over failure to accept electronic payments, study suggests

A new study suggests that small and medium-sized enterprises (SMEs) that do not accept electronic payments are missing out on more than £1bn in potential sales.Continue reading

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Labour pledges to exclude small businesses from quarterly digital reporting if MTD is reinstated

The Labour Party’s manifesto claims that, if elected, the Party would ensure that small businesses with a turnover of £85,000 or less are exempt from quarterly digital reporting requirements under Making Tax Digital (MTD) plans.Continue reading

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Just one-third of self-employed feel “in control” of finances, says study

Sole traders and micro businesses spend 19 million hours every week managing their finances, according to new research from accountancy software KashFlow.Continue reading

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Increasing number of small businesses reliant on gig economy workers

A new study suggests that an increasing number of small and medium-sized enterprises (SMEs) are now reliant on so-called ‘gig economy’ workers.Continue reading

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eBay to force all UK traders to pay VAT

eBay traders will be forced to pay VAT on all purchases under new corporate structure rules to be launched later this year.Continue reading

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